Julius Baer Group, a prominent player in the wealth management industry, is headquartered in Switzerland (CH) and has a significant presence across Europe, Asia, and the Americas. Founded in 1890, the firm has established itself as a leader in private banking, offering tailored financial solutions to high-net-worth individuals and families. The company’s core services include investment management, estate planning, and wealth structuring, distinguished by a client-centric approach and a commitment to personalised service. Julius Baer is renowned for its strong market position, consistently ranking among the top private banks globally, and has achieved notable milestones, including strategic acquisitions that enhance its service offerings. With a focus on innovation and sustainability, Julius Baer continues to set benchmarks in the wealth management sector.
How does Julius Baer's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Julius Baer's score of 47 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Julius Baer reported total carbon emissions of approximately 12,667,000 kg CO2e. This figure includes 2,736,000 kg CO2e from Scope 1 emissions, 805,000 kg CO2e from Scope 2 emissions, and a significant 8,895,000 kg CO2e from Scope 3 emissions, primarily driven by business travel. Over the years, Julius Baer has demonstrated a commitment to reducing its carbon footprint. In 2022, the firm recorded total emissions of about 10,024,000 kg CO2e, which included 2,496,000 kg CO2e from Scope 1 and 878,000 kg CO2e from Scope 2. This indicates a notable increase in emissions in 2023 compared to 2022. The company has set ambitious climate commitments, aiming for net-zero emissions across all scopes by 2050. They are also committed to near-term targets aligned with the Science Based Targets initiative (SBTi), with specific goals to reduce emissions consistent with limiting global warming to 1.5°C. As of 2021, their portfolio targets covered 11% of total investments and lending by total assets, reflecting a proactive approach to sustainability. Julius Baer’s emissions data and climate commitments underscore their ongoing efforts to address climate change while operating from their headquarters in Switzerland (CH).
Access structured emissions data, company-specific emission factors, and source documents
Get Started2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 2,737,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 4,756,000 | - | 000,000 | 000,000 | 000,000 |
Scope 3 | 13,517,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Julius Baer is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.